Chesterton Academy of Saint Margaret Clitherow

Analysis

Chesterton Academy of Saint Margaret Clitherow is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chesterton Academy of Saint Margaret Clitherow reported income of $68k and spending of $312k, spending 459% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $151k to $68k (-55%), an average of -55% a year. The sharpest change came in the year to June 2024, when income dropped by 55%. Over the whole period it spent 156% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chesterton Academy of Saint Margaret Clitherow sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Parent Booster USA Inc ($68k), Rocky Mountain Psychological Association ($68k) and Pattonville High School Parent Teacher Organization ($68k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $139k (44% of expenses). Other salaries and wages came to $11k. At year end it held assets of $239k against liabilities of $3,285, net assets of $236k. It reported 5 employees.